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Aker Kvaerner to deliver clean gasoline project for BP
August 2004
Pump Industry Analyst
Pump Company
MARKET PROSPECTS
Index
Abel Pump 11 Alfa Laval 13,15 Alldos 14 Allweiler 11,14 Ampco-Pittsburgh 11,12,15 Andritz 9,13 Baker Hughes 15 Blackmer 12 Blagdon 10 Boerger 10,11 Buffalo 11,12 Cardo 13 Charles Austen 11 Colfax Corp 11 Crane 15 Crown 6 Curtiss-Wright 12 DMW 15 Dover 12,15 Ebara 5,11,15 Flowserve 10,12,13,15 Gardner Denver 1,8,15,16 GEA 13 General Electric 13 Gorman-Rupp 7,10,11,15 Graco 7,15 Grundfos 10 GUD Holdings 15 Hamworthy 1,10,15 Hamworthy KSE 1 Hayward Tyler 11 Hydraulic Institute 11 Idex 10,15 Ingersoll-Rand 15 ITT Flygt 11,14 ITT Industries 8,11,15 Jabsco 8 Johnson 6 Johnson Pump 13,14,15 Kirloskar Brothers 11 KSB 11,13,14,15 Layne Christensen 13,15 Met-Pro 15 Metso 13 Nash-Elmo 1,16 National-Oilwell 15 Nikkiso 15 Paco 6 PCC Flow Technologies 6 Pentair 9,11,15,16 Pfeiffer Vacuum 13 Precision Castparts 6,15 Robbins & Myers 15 Roper Industries 15 Schlumberger 15 Siemens 13 SKF 13 Spandau 13 Spirax-Sarco 15 SPP 11 SPX 10,15 Stuart Turner 13 Sulzer 12,13,15,16 Sulzer Pumps 10,16 Tecumseh 15 Teikoku Electric 15 Textron 15 Thomas Industries 9,11,15 Torishima 15 Tsurumi 15 United Technologies 15 USFilter 13 Waukesha Cherry-Burrell 10 Weir 13,15,16 Weir Engineering Services 13 Wicor Industries 9,16 Wilden 12 Willy Vogel 13 Wisconsin Energy 13,15 Wood Group 12,13 Wood Group Gas Turbine Services 12 WorldWater 15 Zenith 11
2
OIL & GAS US$81 MN EBRD LOAN FOR KAZAKH EXPORT PIPELINE The European Bank for Reconstruction and Development (EBRD) has lent US$81.6 million to a company jointly run by Kazakhstan’s oil pipeline operator and China’s largest oil and gas group for a project linking the landlocked country’s oilfields to its main export routes. The 10-year loan will allow MunaiTas to refinance debt incurred in constructing part of its 448-km oil pipeline connecting oilfields in the Aktobe region of central Kazakhstan to the Caspian Pipeline Consortium and the Atyrau-Samara export pipelines. Known as the KenkiyakAtyrau oil pipeline, the link cuts transport costs and opens up the export potential of oilfields in Central Kazakhstan. Further work on doubling the pipeline’s capacity is planned.
FLUOR TO WORK ON CANADIAN OIL SANDS PROJECT Fluor Corp has won a US$570 million contract for work on the Long Lake Project, a joint venture between OPTI Canada Inc and Nexen Canada Ltd to produce synthetic crude oil from oil sands bitumen. Long Lake is Canada’s first oil sands project to integrate steam-assisted gravity drainage extraction technology with on-site upgrading and employs a new approach to the upgrading process. Fluor will perform detailed engineering and procurement services for the three main
upgrader process units and for the utilities and offsite areas of the project. The company has been extensively involved with the project’s front-end engineering and design since December 2001. The upgrader, scheduled for startup in July 2007, will produce about 60 000 barrels of synthetic crude oil per day from heavy oil recovered from underground deposits by steam injection. Fluor will execute the work from its offices in Calgary, Canada, and New Delhi, India.
TOTAL HYDROCARBON DISCOVERY IN CASPIAN SEA Total has successfully drilled and tested its first exploration well on Kairan, located in the Kazakhstan sector of the Caspian Sea. Kairan-1 was drilled from an artificial island to a total depth of 3850 metres and encountered a hydrocarbon accumulation in the Permian carbonate reservoir. The well was tested at a rate of 4100 barrels of oil per day. An evaluation is currently underway to determine the potential of this discovery.
AKER KVAERNER TO DELIVER CLEAN GASOLINE PROJECT FOR BP Aker Kvaerner Australia has been awarded the contract by BP for the delivery of a new facility for the production of clean gasoline at the Bulwer Island Refinery in Queensland, Australia. The project is required due to a forthcoming change in Australian motor spirit specifications and has a total installed cost of approximately A$25 million. Aker Kvaerner’s contract is worth about A$3.5 million.
Aker Kvaerner Australia will be responsible for overall project management, detailed engineering, procurement of equipment and bulk materials as well as construction management. The main execution phase of the project started in June 2004, with the project scheduled to produce on specification product by September 2005. The project must be operational in time to provide the new product at the point of sale by 1 January 2006.
FOSTER WHEELER CONTINUES SHELL ALLIANCE Shell UK Oil Products Ltd has awarded Foster Wheeler Energy Ltd a new alliance contract for basic design, engineering, procurement and construction management services at Shell’s Stanlow complex in the UK. The contract will run for a minimum of three years with options to extend for up to a further four years. Foster Wheeler has been Shell’s alliance partner at Stanlow for the past seven years. The company has undertaken over 900 000 hours on 500 separate pieces of work for Shell at Stanlow during this period, ranging from discrete specialist services to projects in excess of US$36 million for the engineering, procurement and construction management of a new process unit with connections to the existing plant.
TECHNIP WINS LOUISIANA HYDROGEN CONTRACT Technip USA Corp is to work on a 110 million standard cubic foot per day hydrogen plant for Air Products and Chemicals Inc to be located at Convent, Louisiana.
Pump Industry Analyst
Pump Company
MARKET PROSPECTS
Index
Abel Pump 11 Alfa Laval 13,15 Alldos 14 Allweiler 11,14 Ampco-Pittsburgh 11,12,15 Andritz 9,13 Baker Hughes 15 Blackmer 12 Blagdon 10 Boerger 10,11 Buffalo 11,12 Cardo 13 Charles Austen 11 Colfax Corp 11 Crane 15 Crown 6 Curtiss-Wright 12 DMW 15 Dover 12,15 Ebara 5,11,15 Flowserve 10,12,13,15 Gardner Denver 1,8,15,16 GEA 13 General Electric 13 Gorman-Rupp 7,10,11,15 Graco 7,15 Grundfos 10 GUD Holdings 15 Hamworthy 1,10,15 Hamworthy KSE 1 Hayward Tyler 11 Hydraulic Institute 11 Idex 10,15 Ingersoll-Rand 15 ITT Flygt 11,14 ITT Industries 8,11,15 Jabsco 8 Johnson 6 Johnson Pump 13,14,15 Kirloskar Brothers 11 KSB 11,13,14,15 Layne Christensen 13,15 Met-Pro 15 Metso 13 Nash-Elmo 1,16 National-Oilwell 15 Nikkiso 15 Paco 6 PCC Flow Technologies 6 Pentair 9,11,15,16 Pfeiffer Vacuum 13 Precision Castparts 6,15 Robbins & Myers 15 Roper Industries 15 Schlumberger 15 Siemens 13 SKF 13 Spandau 13 Spirax-Sarco 15 SPP 11 SPX 10,15 Stuart Turner 13 Sulzer 12,13,15,16 Sulzer Pumps 10,16 Tecumseh 15 Teikoku Electric 15 Textron 15 Thomas Industries 9,11,15 Torishima 15 Tsurumi 15 United Technologies 15 USFilter 13 Waukesha Cherry-Burrell 10 Weir 13,15,16 Weir Engineering Services 13 Wicor Industries 9,16 Wilden 12 Willy Vogel 13 Wisconsin Energy 13,15 Wood Group 12,13 Wood Group Gas Turbine Services 12 WorldWater 15 Zenith 11
2
OIL & GAS US$81 MN EBRD LOAN FOR KAZAKH EXPORT PIPELINE The European Bank for Reconstruction and Development (EBRD) has lent US$81.6 million to a company jointly run by Kazakhstan’s oil pipeline operator and China’s largest oil and gas group for a project linking the landlocked country’s oilfields to its main export routes. The 10-year loan will allow MunaiTas to refinance debt incurred in constructing part of its 448-km oil pipeline connecting oilfields in the Aktobe region of central Kazakhstan to the Caspian Pipeline Consortium and the Atyrau-Samara export pipelines. Known as the KenkiyakAtyrau oil pipeline, the link cuts transport costs and opens up the export potential of oilfields in Central Kazakhstan. Further work on doubling the pipeline’s capacity is planned.
FLUOR TO WORK ON CANADIAN OIL SANDS PROJECT Fluor Corp has won a US$570 million contract for work on the Long Lake Project, a joint venture between OPTI Canada Inc and Nexen Canada Ltd to produce synthetic crude oil from oil sands bitumen. Long Lake is Canada’s first oil sands project to integrate steam-assisted gravity drainage extraction technology with on-site upgrading and employs a new approach to the upgrading process. Fluor will perform detailed engineering and procurement services for the three main
upgrader process units and for the utilities and offsite areas of the project. The company has been extensively involved with the project’s front-end engineering and design since December 2001. The upgrader, scheduled for startup in July 2007, will produce about 60 000 barrels of synthetic crude oil per day from heavy oil recovered from underground deposits by steam injection. Fluor will execute the work from its offices in Calgary, Canada, and New Delhi, India.
TOTAL HYDROCARBON DISCOVERY IN CASPIAN SEA Total has successfully drilled and tested its first exploration well on Kairan, located in the Kazakhstan sector of the Caspian Sea. Kairan-1 was drilled from an artificial island to a total depth of 3850 metres and encountered a hydrocarbon accumulation in the Permian carbonate reservoir. The well was tested at a rate of 4100 barrels of oil per day. An evaluation is currently underway to determine the potential of this discovery.
AKER KVAERNER TO DELIVER CLEAN GASOLINE PROJECT FOR BP Aker Kvaerner Australia has been awarded the contract by BP for the delivery of a new facility for the production of clean gasoline at the Bulwer Island Refinery in Queensland, Australia. The project is required due to a forthcoming change in Australian motor spirit specifications and has a total installed cost of approximately A$25 million. Aker Kvaerner’s contract is worth about A$3.5 million.
Aker Kvaerner Australia will be responsible for overall project management, detailed engineering, procurement of equipment and bulk materials as well as construction management. The main execution phase of the project started in June 2004, with the project scheduled to produce on specification product by September 2005. The project must be operational in time to provide the new product at the point of sale by 1 January 2006.
FOSTER WHEELER CONTINUES SHELL ALLIANCE Shell UK Oil Products Ltd has awarded Foster Wheeler Energy Ltd a new alliance contract for basic design, engineering, procurement and construction management services at Shell’s Stanlow complex in the UK. The contract will run for a minimum of three years with options to extend for up to a further four years. Foster Wheeler has been Shell’s alliance partner at Stanlow for the past seven years. The company has undertaken over 900 000 hours on 500 separate pieces of work for Shell at Stanlow during this period, ranging from discrete specialist services to projects in excess of US$36 million for the engineering, procurement and construction management of a new process unit with connections to the existing plant.
TECHNIP WINS LOUISIANA HYDROGEN CONTRACT Technip USA Corp is to work on a 110 million standard cubic foot per day hydrogen plant for Air Products and Chemicals Inc to be located at Convent, Louisiana.